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The new zea LAND BHIPPING COMPANY’S ’■■gaa&ikVSaStiftiMfag LINK EOYAL MAIL STEAMEES, - , FOE LONDON, Via Monte Video, Tonoriffe and Plymouth of Dop'arDato. turo. Sop 38 OcC 26 NovSS . JL wm-bCXOW ■ Passengers are booked at Lowest Eates and forwarded to port of steamer s departure free of extra expense. Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to—man n.eKj shipping caMPamsy, limited. Low* Streat* Crißbomei

C&MDiAfti-AUSTBALIAEj LIME TQ EUROPE. rviftl CANADA AND AMERICA', ja conjunction with the CANADIANr PACIFIC RAILWAY anA all ATLANTIC LINES, No oiler Line can often life same frcilities to view 'tie Wonders of .CANADA and AMERICA, LUXURIOUS ACCOMMODATION, OJI STEAMERS and TRAIN-a Next- Sailing S.S, MANUKA, Sydney, 10th Ji uly, cooneetion steamer as Auckland to Fiji 12th July, followed Jay R.M.S, AORAN.GI find MiOj?ERA, For all particulars apply— UNION S.S, CO., Managing Agents*

PfiOSPJfiUTUS*' DE v THEii GISBORNE FARMERS’ UO-OPERATIVE COY. LIMITED., I.Ttio Memoraniluai and Articles o oi Association were duly, regisr-. tered op the 20th day. of February, 1905,. 2. The proposed Directors of the Company who are to hold offi»e untiL the .first Ordinary. Meeting of the Company, .which shall be held after the Statutory, Meeting, if the Statutory Meeting shall confirm such appointment, are :>—- .JOHN .CLARK, ,To Arai, Sheeflfarmer. FRANK BRAY,TON BARKER,, Gisborne, Sheepfarmer. .WALTER RICHARD BARKER, Gisborne, Sheepfarmer. WILLIAM ' KNOX CHAMBERS,, Repoagaere, Sheepfarmer. PHILIP, THORNTON: KEN,WAY., Whataupolio, Sheepfarmer. .CECIL ALBERT DeLAUTOUR, Gisborne, Sheepfarmer-. CHRISTOPHER JOHN PARKER, Te Arai„ Sheepfarmer. [WILLIAM TOMBLESON, Patuifcahi, Sheepfarmer.

3, -The Broker, for the Company, is Me .Thomas .Coleman, of Gladstone road, Gisborne, Accountant. da The objects and powers of Ithe Company are set out in the Memorandum of Association, which forms part of this Prospectus. 5: The Capital of the Company is £IOO,OOO, divided into 50,000 shares of £2 each. Of these 20,000 are Preference Shares, 30,000 are Ordinary, total 50,000 Shares, The rights attaching to the various, classes of Shares are fixed by. the Memorandum of Association and .the Articles of Association. The Preference Shares entitle the holders .thereof : ■ Subject to the creation and maintenance of a Reserve KixuH and for all. the purposes of Article No, 6 hereunder, to a fixed cumulative preferential dividend at the rate oi 8 per centum per annum, on the amount. paid up, thereon for the time being, i The Ordinary Shares entitle the holders thereof : Subject to the creation and jnain- I tenance of a Reserve Fund and for all the purposes of Article No. 6 hereunder, and subject to the right of holders of Preference Shares to a fixed non-eumulafiLve preferential dividend at the rate of 6 per centum per annum. 6, ; 15,161 Preference Shares and 2000 Ordinary Shares are now offered to i.hin.pubiic for subscription*, to be paid as follows : 5s per Share on application, 5s per Share on allotment. 10s per Share at three months after,' allotment, and the remaining 20s per share shall be payable as the same may, be called op by the Directors in accordance witn .the Articles of Association.

Or alternatively the applicant upon allotment may give a Promissory. Note at six! months .with interest added at the rate of 6- per cent, for the sum of 5s pen Share due upon allotment, and the suxa of 10s per Share due three months after, allotment. NOTE,—The Promoters do not consider! it will be necessary or dosirlable to call up more than 20s per Share, but they, do not guarantee this or assume in any way to bind the Directors hereafter to he appointed by the Shareholders. ’7. The Company has privately, offered the Preference Shares to the 'Shareholders of the Gisborne Sheepfarmers’'' Frozen Meat Company, Limited, as required by the Articles of Association, add 1839 Shares have been subscribed, and the amount paid ‘on suoh Shares is £1,259 15s. 'The list of Subscribers to the date of the time of this Prospectus can he seen at the office of Mr Thomas Coleman, in 'Gladstone road. S. The minimum subscription on Which the Directors may .proceed 'to allotment is 7500 Shares (inclusive the Shares already subscribed by Shareholders in the Gisborne Sheepfarmers’ Frozen Meat Company, Limited). 9. This Company has been formed for the purposes of : ' First, enabling the Farmers pf the East Coast, by co-operation,. in carrying on all kinds of Commercial and Mercantile 1 general business, inclusive of public and private sales of lands and live stock and shipping (as agents or otherwise),' to obtain for themselves the large profits nowr reaped by other persons and companies in the sale and distribution of all hinds of farmipg produce, and (secondly) in the isupply to farmer;?, retail store- | I keepers and the general public of all f | manner and kind of goods, chattels, • I and effects from time to time re- | Qdiresl. -■ . - J 5, ale EreiimilarH esgeaseg fel

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19050718.2.9.3

Bibliographic details

Gisborne Times, Volume XIX, Issue 1509, 18 July 1905, Page 1

Word Count
802

Page 1 Advertisements Column 3 Gisborne Times, Volume XIX, Issue 1509, 18 July 1905, Page 1

Page 1 Advertisements Column 3 Gisborne Times, Volume XIX, Issue 1509, 18 July 1905, Page 1

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